Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Research: importance of cement and concrete

MEDIA RELEASE
24 October 2008

Research demonstrates importance of cement and concrete to economy

Research into the importance of the cement and concrete industry to New Zealand’s economy has found it contributes nearly $3 billion towards the country’s GDP.

A New Zealand Institute of Economic Research (NZIER) report shows that for the year ending March 2006, the value of the industry’s output was $7.4 billion. This activity supported 24,000 jobs and created a value add of $2.8 billion – about 2% of New Zealand’s GDP.

The report was commissioned by the Cement & Concrete Association of New Zealand (CCANZ). CCANZ chief executive Patrick McGuire said the research shows just how significant the cement and concrete industry is to the nation’s economy.

“A primary aim for us is to ensure that cement and concrete are truly sustainable – environmentally, socially and economically. The NZIER research proves the industry is more than meeting the economic part of this objective,” Mr McGuire said.

The report was released last night at the first birthday of Concrete3 – an initiative launched by CCANZ to raise awareness about cement and concrete’s contribution to sustainable development.

Building and construction representatives gathered in central Wellington for the event, which also marked the launch of Concrete for a Sustainable World, a short film about concrete’s contribution to the built environment in New Zealand.

The event also reflected on the inaugural Concrete3 sustainability award, launched recently to recognise and celebrate concrete’s contribution to sustainable development.

The award was won by Holcim (New Zealand) Ltd and Mainzeal Property and Construction Ltd for Project Century, an Auckland brewery under construction which uses recycled glass as aggregate in the concrete parts of the structure.

To obtain a copy of the NZIER research, Cement & Concrete Production: Economic Impact Assessment, or to find out more about Concrete3 and concrete sustainability, visit www.sustainableconcrete.org.nz.

ENDS


Notes to Editor


About CCANZ and the cement and concrete industry in New Zealand:

The Cement and Concrete Association of New Zealand (CCANZ) is the recognised centre of excellence for cement and concrete technology, including promotion of the sector, training of industry members and influencers, and advocating best practice in the use of cement and concrete in New Zealand.

With more than 6000 members throughout New Zealand, CCANZ advocates for best practice in the use of cement and concrete in the New Zealand marketplace by offering quality training and advice to the industry and its members.

The cement and concrete sector annually produces 1.5 million tonnes of cement in New Zealand, which equates to around 3.75 million cubic metres of concrete for new residential, non-residential and commercial construction.

In total, the direct, indirect and induced economic impact of the cement and concrete sector resulted in close to $7.5 billion of output across the economy in the year to March 2006. This activity supported more than 24,000 jobs and created a value add of about $2.8 billion – 2 percent of New Zealand’s GDP in 2006.

As an industry knowledge organisation, CCANZ is focusing attention on marketing technical information in a way that helps industry decision makers get the most out of concrete.

Those who seek CCANZ’s services include architects, designers, engineers and building contractors.

Concrete is the building material of the future, offering comfort, style and strength.

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Statistics New Zealand: COVID-19 Sees Record 12.2 Percent Fall In New Zealand’s Economy

Gross domestic product (GDP) fell by 12.2 percent in the June 2020 quarter, the largest quarterly fall recorded since the current series began in 1987, as the COVID-19 restrictions in place through the quarter impacted economic activity, Stats NZ said ... More>>

ALSO:

Climate: Scientists Release ‘Blueprint’ To Save Critical Ecosystems And Stabilize The Earth’s Climate

A group of scientists and experts produced the first comprehensive global-scale analysis of terrestrial areas essential for biodiversity and climate resilience, totaling 50.4% of the Earth's land. The report was published in Science Advances ... More>>

ALSO:

MPI: Independent Review Launched Into Assurances For Safe Transport Of Livestock By Sea

The Ministry for Primary Industries (MPI) has launched an independent review of the assurances it receives for the safe transport of livestock by sea. MPI Director-General Ray Smith says Mike Heron QC has been appointed to lead the review, which is expected ... More>>

ALSO:


Computers: New Zealand PC Market Grows Nearly 40% Due To Work From Home Demand

COVID-19 had large impacts on demand for PCs as businesses prepared for lockdowns by purchasing notebooks to mobilise their workforce. In the second quarter of 2020, New Zealand's Traditional PC market experienced a 39.7% year-on-year (YoY) growth ... More>>

ALSO:

Mediaworks: Reaches Agreement To Sell TV Operations To Discovery, Inc.

New Zealand’s largest independent commercial broadcaster MediaWorks and the global leader of real-life entertainment Discovery Inc. (“Discovery”) are pleased to announce they have reached a binding agreement regarding the sale of MediaWorks’ ... More>>

ALSO:

Ministry of Health: Public Transport Distancing Requirements Relaxed

Physical distancing requirements on public transport have been reviewed by the Ministry of Health to determine whether they are still required at Alert Level 2 (or below). The Ministry’s assessment is that mandatory face covering and individuals tracking ... More>>

ALSO:

NZHIA: New Zealand Hemp Industry Set To Generate $2 Billion Per Annum And Create 20,000 Jobs

A new report says a fully enabled hemp industry could generate $2 billion in income for New Zealand by 2030, while also creating thousands of new jobs. Written by industry strategist Dr Nick Marsh, the report has prompted calls from the New Zealand Hemp ... More>>

ALSO:

Stats NZ: One In 14 Employed People Report High Risk Of Losing Jobs

About one in 14 workers say they expect to lose their job or business by mid-2021, Stats NZ said today. A survey of employed people in the June 2020 quarter showed 7 percent felt there was a high or almost certain chance of losing their job or business ... More>>

ASB Quarterly Economic Forecast: NZ Economy Doing Better Than Expected, But Challenges Remain

August lockdown estimated to have shaved 8% off NZ’s weekly GDP, and 0.5% off annual GDP Economy now expected to shrink 5% (year-on-year) by end of 2020 Unemployment rate now expected to peak at 7.2% The latest ASB Quarterly Economic Forecast is less ... More>>

ALSO:

SAFE: Live Export Ship Carrying 5,800 New Zealand Cows Goes Missing In East China Sea

Livestock carrier Gulf Livestock 1 sent a distress signal at 4:45am NZT yesterday in the East China Sea. The area is affected by Typhoon Maysak. At 4pm a patrol plane spotted a lifeboat - with no people in it - and a man in lifejacket nearby. The ship ... More>>

ALSO:

FMA: Kiwisaver Fees Don't Match Performance

The Financial Markets Authority (FMA) today published an independent report into the passive and active investment management styles [i] used by KiwiSaver providers. The FMA commissioned MyFiduciary to test the extent that KiwiSaver providers were ... More>>